Asian markets sprang higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the U.S. dollar got a fillip from a report the Federal Reserve would again trim its bond buying next week. A drop in the yen helped Tokyo’s Nikkei .N225 rally 1.5 percent and dragged […]
Capital Market
JPMorgan drops another China IPO amid ‘princeling’ probe: sources
It is the second time the U.S. bank has stepped aside from a Chinese IPO candidate while U.S. securities regulators look into whether JPMorgan violated federal laws in hiring the relatives of current or potential clients with the sole purpose of winning business from them. JPMorgan has ended its IPO […]
Investor caution drags NSE index down
The equities market witnessed a weak bargain on Monday as investors stayed cautious ahead of the Monetary Policy Committee meeting. Analysts had said on Friday that they expected investors to adopt a cautious position ahead of the meeting scheduled to take place from Tuesday (today) to Wednesday. “We expect trading […]
